E-mini S&P500 is trading sideways for the last few days which means that price is probably trapped in a correction. At the moment, we are looking at red wave ... Read More
Cable has recovered strongly over the past three months, but based on structure and personality of a bounce we assume it can be a corrective move. We are looking ... Read More
NZDUSD Our pair on radar screen for shorts this week will be NZDUSD which is in corrective bounce from 0.6715, so it’s a temporary recovery that will send price ... Read More
S&P500 E-mini S&P500 has turned nicely lower a few weeks back from 2104 high that we labeled it as a complex W)-X)-Y) correction, so market was just in a ... Read More
AUDUSD broke higher recently, up into wave C-circled that is part of a big corrective wave IV which looks like a flat. A flat correction is a 3-3-5 pattern; ... Read More
EURGBP EURGBP remains bullish but only temporary with a three wave bounce away from 0.7736 which we see it as correction. As such, we will turn bearish after A)-B)-C) ... Read More
Cable is in recovery mode for the past three months, but based on structure and personality of a bounce we assume it can be a corrective move. We are ... Read More
GOLD Gold is moving sharply to the upside since end of last week, now trading at new highs after strong break above the upper triangle line connected from 1283. ... Read More
USDCHF USDCHF was trading sharply lower for the last week or so, after pair completed wave 4) corrective rally near 0.9780. This recovery is part of a big ending ... Read More
GBPUSD GBPUSD has turned sharply lower since Monday from 1.4769 where we see first signs of a top in place. Reason is a strong, impulsive decline and broken channel ... Read More
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